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Financial Education and Coaching

PHFA developed the Financial Education and Coaching Program to help renters, homebuyers, and homeowners understand and improve their personal finances. We offer these programs in workshop or face-to-face settings. Read below to determine which setting is most suitable for you.

Financial Education Workshop

Whether you are considering buying a home, currently in the market, a first-time or long-term homeowner, struggling to make your payments, or just want to improve your credit, this series of four workshops can help you learn to manage your money. The workshops are provided in a group setting and are available to you at no cost through one of our certified housing counselors.

After you've completed your Financial Education sessions, you're eligible to meet with a counselor one-on-one to get help with your personal finances. These private coaching sessions can be either face-to-face or on the phone, and are also free of charge.

Program topics include:

  1. Goals, Assets, and Earnings
    • Will help you understand your personal assets and how to set financial goals.
    • You will also learn about different sources of income, and how employer-provided benefits contribute to your overall financial health.
  2. Spend, Save, and Invest
    • Teaches steps to making effective money decisions, choosing between needs and wants, and managing your cash flow.
    • You will learn the differences between saving and investing, and how to diversify your savings and investments to maximize and protect your assets.
  3. Review Taxes, Manage Risk, and Protect Your Money
    • Will teach you the basics of income taxes, and understanding your income tax return.
    • You will also discuss tools to manage risk, including insurance, identity theft protection, and Consumer Protection Resources.
  4. How to Get, Use, and Manage Credit
    • This final section will discuss the importance of maintaining good credit, and how to use it to build your assets.

To locate a counseling agency in your area, please choose a county from the menu list below; or, select "All Counties" for a statewide list.

   

Financial Capabilities Face-to-Face Session

We are excited to announce our Take Charge of Your Money, Financial Capabilities campaign. At PHFA, we believe that a true understanding of your finances is essential in order to make the best decisions that ultimately affect your future and the future of your loved ones. The goal of the campaign is to attract and serve more consumers interested in managing their personal finances regardless of where they are in the homeownership process. We have agencies all over PA providing financial education at no cost to you. If you are looking for a face-to-face session where you can discuss your current situation, do a deeper dive into your spending habits, and create manageable goals that will shape the quality of your life moving forward, then find a counseling agency near you and Take Charge of your Money!